Category: News
-
Shekel rebounds in volatile forex market
•
Head of Financial Planning Poria Or Poria: We see the shekel strengthening in the long term. After a sharp decline yesterday, the shekel is rising strongly today against the US dollar and the euro. In late morning interbank trading, the shekel fell against the dollar by 1.01% to NIS 3.685/USD,…
-
US to propose Basel rule revisions this month, Bloomberg reports By Reuters
•
(Reuters) – The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a set of proposed bank capital rules on Sept. 19, Bloomberg News reported on Friday, citing people familiar with the matter. The report added that the amendments could reach 450 pages and would include…
-
Palantir, Dell Among New S&P 500 Members as Index Rebalances
•
(Bloomberg) — Palantir Technologies Inc. (PLTR), Dell Technologies Inc. (DELL) and Erie Indemnity Co. (ERIE) are set to join the S&P 500 as part of its latest quarterly weighting change. Most Read from Bloomberg The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc., according to…
-
Dell Technologies, Palantir set to join S&P 500 Index
•
Monte Raccusin Dell Technologies (NYSE: Dell) and Palantir Technologies (NYSE:PLTR) will join the S&P 500 (SP500) later this month, and the pending moves sent shares of each company higher late Friday. Dell will replace e-commerce site Etsy (NASDAQ:ETSY) in US stocks Market standard, Palantir will replace American Airlines Group (NASDAQ:ALS&P…
-
Palantir and Dell surge as they join S&P 500 in latest index reshuffle
•
Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of the latest quarterly weighting change. The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc., according to a press release from S&P Dow Jones Indices on…
-
Palantir and Dell surge as they join S&P 500 in latest index reshuffle
•
Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of the latest quarterly weighting change. The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc., according to a press release from S&P Dow Jones Indices on…
-
Kenya Power rations electricity on supply shortages
•
Kenya Power cut off power to some customers in August due to insufficient power supply, raising fresh concerns about the country’s energy security. Indonesian Energy Minister Opio Wandaje revealed on Friday that the government is not prepared to meet the country’s growing demand for electricity. Mr Wanda said Kenya Power…
-
Kenya Power rations electricity on supply shortages
•
Kenya Power cut off power to some customers in August due to insufficient power supply, raising fresh concerns about the country’s energy security. Indonesian Energy Minister Opio Wandaje revealed on Friday that the government is not prepared to meet the country’s growing demand for electricity. Mr Wanda said Kenya Power…
-
Landlords rush to sell amid fears of capital gains tax hike
•
The proportion of rental properties entering the sale market has reached a record high, driven by landlords’ concerns about a potential rise in capital gains tax in the upcoming Budget, according to property website Rightmove. Currently, 18% of properties previously listed for sale have been rented, compared with just 8%…
-
Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
•
Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
-
Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
•
Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
-
Salesforce buys Israeli data protection co Own for $1.9b
•
US cloud software giant Salesforce (NYSE: CRM) announced that it has signed a definitive agreement to acquire Israeli data protection and data management services company king (Formerly known as OwnBackup). Salesforce says it will pay about $1.9 billion in cash, the net value of the 10% stake it currently holds…
-
ALTI stock touches 52-week low at $3.56 amid market challenges By Investing.com
•
In a year marked by significant volatility, ALTI stock has hit a new 52-week low, falling to $3.56. This latest price level is in stark contrast to the more buoyant numbers seen in the past, highlighting the challenges the company has faced in the market. Over the past year, ALTI’s…
-
S&P 500 Heads Toward Worst Week Since March 2023: Markets Wrap
•
(Bloomberg) — Stocks were headed for their worst weekly decline since March 2023 and bonds retreated after another disappointing labor market report raised concerns that the economy is slowing and the Federal Reserve is moving too slowly to rescue it. Most Read from Bloomberg The S&P 500 fell 1.7% and…
-
Morgan Stanley to pay $2M to settle probe on First Republic insider sales (NYSE:MS)
•
never Morgan Stanley (New York: MS) agreed to pay $2 million to settle a Massachusetts securities regulator’s investigation into trading in First Republic Bank shares by a bank insider before its 2023 failure. Morgan Stanley (MS) did not acknowledge He did not deny the violations set forth in the consent…
-
Newsmax plans an IPO | Fortune
•
Ten years after its launch on cable networks, conservative news channel Newsmax is heading to the stock market. Newsmax Inc. has confidentially filed an initial public offering with the Securities and Exchange Commission, the company Announced this weekThe company hopes to raise $75 million and plans to trade on the…
-
Victory Farms plans Sh750m expansion of Lake Victoria fish business
•
Aquaculture company Victory Farms plans to expand its Sh750 million cage-raising tilapia project in Lake Victoria amid growing demand for the white meat, regulatory filings show. The project, which will be implemented in the new concession areas around Sindhu, Homa Bay County, will expand the company’s existing sustainable tilapia cage…
-
Cyclists urged to consider insurance to enhance safety, says Lloyd’s chief
•
John Neal, chief executive of Lloyd’s of London, the world’s largest insurance market, says cyclists should consider taking out insurance to protect themselves and pedestrians. Neil’s comments come in response to a series of serious accidents involving cyclists, which have sparked renewed debate about the need for mandatory insurance. Neil…
-
7-Eleven owner rejects Couche-Tard’s offer, but leaves door open
•
Breadcrumbs Path Links news Retail and Marketing Change is underway at Japanese companies, long considered impenetrable to takeovers. Article author: Bloomberg News Reed Stevenson Published on September 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have…
-
7-Eleven owner rejects Couche-Tard’s offer, but leaves door open
•
Breadcrumbs Path Links news Retail and Marketing Change is underway at Japanese companies, long considered impenetrable to takeovers. Article author: Bloomberg News Reed Stevenson Published on September 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have…